Show download pdf controls
  • General value shifting regime



    This information may not apply to the current year. Check the content carefully to ensure it is applicable to your circumstances.

    End of attention

    A loss you make on the sale of a rental property may be reduced under the value shifting rules if, at the time of sale, a continuing right to use the property was held by an associate of yours (for example, a 10-year lease granted to your associate immediately before you enter into a contract of sale). The rules can only apply if the right was originally created on non-commercial terms such that at that time, the market value of the right was greater than what you received for creating it by more than $50,000.

    Further Information

    For more information, see the publication General value shifting regime: who it affects, available only on our website.

    End of further information
    Last modified: 23 Oct 2009QC 27952